The judge presiding over the case ruled that securities law regulates "disclosure of information, not the mismanagement of a company...”

Is the subprime MBS market ready for a revival, at least a small one?

Company CEO Mat Ishbia noted that the privately held company plans to continue a “strong pace” of hiring at the beginning of 2016.

However, insuring private-label MBS is not likely to be a future activity of the MI industry, given the losses suffered in the past...

Collingwood's latest hire is Paul Mullins, former senior vice president of single-family lending for Freddie Mac.

Ginnie Mae had the smallest decline of the three agencies as new issuance slid 4.7 percent from July.

Besides being in charge of retail and correspondent lending, DeVito will oversee sales, operations, quality control, compliance, underwriting and support services.

If consent is unavailable, the phone call is impermissible, absent the use of technology the mortgage lending industry generally views as obsolete, such as a rotary or push-button telephone.

Lenders such as Sistar Mortgage of Michigan (licensed in 27 states) are still hiring.

Angel Oak Mortgage Solutions in Atlanta hopes to price its first-ever nonprime MBS sometime next week – a $150 million bond issued through Nomura Securities, a top Angel Oak executive told Inside MBS & ABS. Mike Fierman, managing partner and CEO of Angel Oak Companies, an affiliate of the lender, said officials have been on an investor road show the past week or so, crisscrossing the country. “Investors love...